The Palos Verdes Drive North area of the Palos Verdes Peninsula ( area 165 in map below )had the following real estate market activity for single family residences during the 4th Quarter of 2012:
Properties Sold: 19 ( A substantial increase over the prior quarter sales )
Address Sales Price BR BA Sq.ft. $/Sq.ft Yr. Blt. MLS # Dale of Sale Days on Market
2255 Palos Verdes DR $760,000 2 2.00 1,714 $443.41 1953 S704889 12/04/12 102
27823 Conestoga DR $815,000 3 2.00 1,602 $508.74 1957 V12092276 10/26/12 84
4 Silver Eagle RD $850,000 2 3.00 1,395 $609.32 1957 12618145 11/21/12 71
27300 Rainbow Ridge RD $865,000 4 3.00 2,464 $351.06 1957 V12126264 11/07/12 23
27747 Eastvale RD $879,000 3 3.00 2,024 $434.29 1961 PV12135734 12/06/12 35
4018 Rousseau LN $1,025,000 3 2.00 2,063 $496.85 1972 S12117030 12/04/12 78
4133 Roessler CT $1,075,000 3 3.00 2,577 $417.15 1970 PV12146734 12/20/12 11
4324 Rousseau LN $1,100,000 5 3.00 3,104 $354.38 1972 PV12145644 11/29/12 1
26763 Westvale RD $1,235,000 5 3.00 3,129 $394.69 1960 V12100672 12/28/12 138
4651 Marloma DR $1,235,000 4 2.00 1,955 $631.71 1955 V12103554 10/30/12 62
40 Pony LN $1,240,000 4 3.00 2,434 $509.45 1961 S12073302 11/30/12 162
11 Ranchview RD $1,300,000 4 3.00 2,623 $495.62 1955 V12125030 12/21/12 152
40 Santa Bella RD $1,380,000 4 4.00 3,181 $433.83 1960 S12097364 11/29/12 84
37 Dapplegray LN $1,499,000 4 3.00 2,994 $500.67 1947 V12103171 12/11/12 117
4640 Marloma DR $1,560,000 4 4.00 2,930 $532.42 2012 V12082665 10/03/12 93
16 Harbor Sight DR $1,650,000 5 4.00 3,805 $433.64 1964 V12045665 12/18/12 268
8 Pleasant Hill DR $1,925,000 4 4.00 4,382 $439.30 1990 V12113152 11/15/12 276
38 Moccasin LN $2,050,000 4 4.00 5,800 $353.45 1990 S12065189 10/29/12 80
3540 Lariat LN $2,300,000 6 7.00 5,192 $442.99 1999 V12101477 12/21/12 123
Average $1,302,263 4.0 3.30 2,914 $447 103
Properties for Sale as of 12/31/12: 7 Click Here for Current Properties For Sale . This is only a 1 month inventory of unsold homes based on the average number of 6 homes sold per month over the last quarter.
Average List Price at 12/31/12: $1.5 million
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Average Sales Price of homes sold during 4th quarter: $ 1.3 million
Average Price per Sq. Ft. for Properties Sold during 4th Qtr: $ 447 per sq. ft., a 10% increase over the comparable quarter last year.
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Properties sold at an average of 92% of original List Price
For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at https://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.